Source: OJ L, 2024/1503, 30.5.2024

Article 3 Ajustement des frais

Summary What does Article 3 of the Fees charged by the EBA say?

This is a brief but important principled article that establishes the overarching fee-setting objective underpinning the regulation.

It directly complements Articles 1 and 2, which detail how costs are estimated and fees are calculated, by anchoring those calculations to a clear financial principle: fees must achieve full cost recovery without generating either a shortfall or a significant excess of funds.

Important points:

Fees charged to issuers of significant ARTs and significant EMTs must be set to cover the full cost of supervision.
Ensure your fee contributions neither create a deficit nor lead to a significant accumulation of surplus for the EBA.
This full cost recovery principle applies specifically to the supervisory services provided to issuers of significant ARTs and significant EMTs.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

Les frais de surveillance annuels facturés aux émetteurs d’ART d’importance significative et aux émetteurs d’EMT d’importance significative sont fixés à un niveau permettant de couvrir l’intégralité du coût de la fourniture des services et d’éviter un déficit ou une accumulation significative d’excédents.

Table of contents

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